Reed James D 4
Research Summary
AI-generated summary
Kodiak AI (KDK) Director James D. Reed Receives RSU Award
What Happened
James D. Reed, a director of Kodiak AI (KDK), was granted 31,758 restricted stock units (RSUs) on 2026-06-12. The filing reports an acquisition at $0.00 (typical for RSU grants); no cash changed hands at grant. RSUs represent a contingent right to receive one share of common stock per unit when vested.
Key Details
- Transaction date: 2026-06-12; Form 4 filed 2026-06-16 (appears timely within the SEC’s two-business-day window).
- Grant details: 31,758 RSUs, reported price $0.00.
- Shares owned after transaction: not specified in this filing.
- Footnote: RSUs vest on the earlier of the 12-month anniversary of June 12, 2026 or the day before the next annual stockholder meeting, subject to the Reporting Person continuing as a Service Provider through that date.
- Transaction code: A = Award/Grant (not a purchase or sale).
Context
RSU grants are a common form of compensation for executives and directors and represent a future right to shares rather than an immediate market purchase or sale. The economic value to the recipient depends on Kodiak AI’s share price at vesting; this grant by itself is not a direct cash investment or sale.